What made me lose money in the first two trading weeks is not following the upcoming USDA report, so I have downloaded a Schedule of 2012 release dates of cotton reports issued by the U. S. Department of Agriculture, according to which USDA is coming out with another report on 11^th October and I get to make moves as the coming report!

Some comments of fellow classmate make me realize I have not trade wheat yet. So my interest kind of lays on researching on wheat. Wheat price has increased at the end of this week and Goldman Sachs raised its target for wheat prices above $10 a bushel, thanks to a tumble in US inventories to multi-year lows, and forecast recoveries in corn and soybeans to record highs. The investment bank lifted its forecast for Chicago wheat prices, on a three-month horizon, to $10.25 a bushel, after US Department of Agriculture data on Friday showed US inventories of the grain far lower than the market had expected. I will buy December wheat.

http://www.agrimoney.com/news/wheat-prices-to-top-$10-a-bushel-says-goldman–5048.html

I will probably also buy December corn because the shrinking harvest and there will not be a harvest season by December. And hedge by selling December soybean.

http://www.agrimoney.com/news/corn-soy-prices-retreat-on-informa-crop-revisions–5073.html